It was $7,000 in the year 2000. Not sure if it has changed since then.
Deposit it in your bank account, there will be no fee. If you don't have a bank account, you can open one with the IRS check!
less than Rs.50000
Fridays is the day they DD
Once a deposit reaches $10,000 or above, the bank or depositing institution must automatically notify the IRS of the transaction. While they can report smaller transaction, at $10,000 or above, notification is legally required.
Yes
10k
Deposit it in your bank account, there will be no fee. If you don't have a bank account, you can open one with the IRS check!
less than Rs.50000
You can deposit just under 10,000 dollars in a bank before the IRS will be notified. However, if it looks like you are trying to cheat the system, they may be notified by the bank.
Fridays is the day they DD
Banks will accept any amount if you deposit it. However any cash deposit made over $10,000 will be reported to the IRS.
Once a deposit reaches $10,000 or above, the bank or depositing institution must automatically notify the IRS of the transaction. While they can report smaller transaction, at $10,000 or above, notification is legally required.
As much as they want! Within the limits of a bank's deposit rules for trust, investment, money management or commercial accounts; after realizing that IRS rules require activity reporting on all accounts; and only when checks of international "blacklists" of individuals, agencies and governments (which are prohibited from opening accounts in US banks) are completed.
Yes
Friday's are the days that the IRS usually make deposits into bank accounts. However...some have been said to have theirs deposited on a Tuesday, which is not very common.
10,000$, Then it must be reported to the IRS, and only if in cash.
fridays It depends, this year (2012), people are getting deposits on various days, a few friends of mine got theirs on Tuesday, I got mine on a Wednesday, and some are reporting Thursday and Friday. Best thing to do is check the IRS "Where's My Refund" site. http://www.irs.gov/individuals/article/0,,id=96596,00.html and check with your bank to see if you have a pending deposit on the account.---Vegeta.